IMF says cut taxes to stimulate economy

[idlewind]

If it will work for Great Britain........

http://www.telegraph.co.uk/finance/...o-boost-economy-IMF-tells-George-Osborne.html

 

[poppy]

If it will work for Great Britain........

http://www.telegraph.co.uk/finance/...o-boost-economy-IMF-tells-George-Osborne.html

Here is the important part:

By contrast, the IMF said that in such a scenario, the economy should be stimulated with a combination of more “quantitative easing” from the Bank of England and “temporary tax cuts” for businesses and low-income households.

In the event of a weak recovery, “automatic stabilisers” such as higher unemployment benefit payments could be activated without jeopardising the overall plan to cut the deficit, the IMF said.